Wrapped XRP (wXRP) is now live on Solana, bringing Ripple-linked liquidity into the fast-moving DeFi ecosystem for the first time.
Hex Trust, the custodian behind the issuance, minted wXRP and bridged it to Solana using cross-chain messaging protocol LayerZero. Holders of native XRP can now access Solana apps without selling their underlying tokens — each wXRP is backed 1:1 by native XRP held in segregated custody accounts and, Hex Trust says, is redeemable at any time.
Early availability spans several leading Solana destinations, including:
- Jupiter
- Phantom
- Titan Exchange
- Meteora
This Solana launch is one piece of a wider rollout Hex Trust outlined in December 2025, which also targets Ethereum, Optimism, and HyperEVM. The move reflects a broader industry trend in 2025–2026: assets originally native to one chain are being bridged to others to chase yield and liquidity opportunities that weren’t available at launch.
The pairing is also an ideological crossover. XRP has historically served as a payment-rail token settled on the XRP Ledger, while Solana is a throughput-optimized smart-contract chain where DeFi and memecoin activity thrive. Bridging XRP into Solana could open new use cases — from swaps and lending to yield strategies — but whether that translates into meaningful on-chain volume remains to be seen.
LayerZero’s role is notable. The protocol has quietly captured much of the bridge traffic that once flowed through Wormhole, Nomad and Ronin, platforms that suffered a string of exploits totaling more than $1 billion between 2022 and 2024. LayerZero’s surge underscores the market’s search for safer, more reliable cross-chain infrastructure.
Bottom line: wXRP on Solana removes a major barrier for XRP holders who want exposure to Solana DeFi without exiting their XRP positions. The wrapped token is live — now the market will decide if holders actually deploy it.
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